In this article, we will discuss stocks that are set to ride the AI wave apart from Nvidia.) stock surge and consistent outperformance make it the poster child for AI's rise. However, its sky-high valuation, with a price-to-sales ratio of nearly 23, can be cause for concern.
It will also benefit from the expansion of the AI networking market, especially through its participation in the Ethernet segment. And also highlights the solid liquidity position, as it holds more cash than debt. It will pay a dividend of $0.40 per share on July 25, and you must own shares by July 11 to be eligible to receive it. It has increased its dividend for 10 consecutive years. It presented results on June 11, so it will not receive its dividend until September 9.
On August 29 it will release its earnings statements and EPS is expected to increase by 18.09Ç% and revenue by 6.94%.for the past year and we will see when it happens, as the technology sector is already heavily represented in the S&P 500.
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